Valaris Limited Stock Flourishes 11.48% Over Past Month Despite -3.97% 20-Day Moving Average.
March 7, 2023
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Valaris Limited ($NYSE:VAL), a multinational drilling services company, has seen a remarkable surge in its stock over the past couple of weeks. The company’s stock has experienced a 8.29% increase in the past week, and followed by a -2.19% decrease in the past month. Despite this slight decrease, the stock has managed to capitalize on the latest market trends and comprises of an 11.48% growth over the last 20 days. This is indicated by its 20-Day Moving Average figure of -3.97%. The positive performance of Valaris Limited’s stock can be attributed to its recent strategic decisions which have been warmly accepted by investors.
Furthermore, the company’s management has been able to successfully navigate the volatile and unpredictable conditions of the market. This appears to have been a major factor for the strong performance of Valaris Limited’s stock over the past months. Overall, Valaris Limited’s stock appears to be growing in strength as it sustains its 11.48% increase despite its 20-Day Moving Average figure of -3.97%. Investors are optimistic about the prospects of Valaris Limited in the current market, which should help maintain the growth trajectory of its stock in the future.
Stock Price
Valaris Limited (VAL), a global offshore drilling company, has seen its stock flourish 11.48% over the past month in spite of a -3.97% 20-day moving average. On Friday, VALARIS LIMITED opened at $69.3 and closed at $72.2, a 3.0% increase from the previous closing price of 70.1. However, the media exposure surrounding VALARIS LIMITED has largely been negative, presenting an obstacle to the stock’s long-term gains. Nevertheless, the company has remained resilient, outperforming both its peers and industry benchmarks over the past month, demonstrating its staying power and capacity for growth. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Valaris Limited. More…
| Total Revenues | Net Income | Net Margin |
| 1.6k | 176.5 | 12.9% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Valaris Limited. More…
| Operations | Investing | Financing |
| 127.5 | -16.7 | -6.4 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Valaris Limited. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 2.86k | 1.56k | 17.15 |
Key Ratios Snapshot
Some of the financial key ratios for Valaris Limited are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -7.9% | – | 16.9% |
| FCF Margin | ROE | ROA |
| -5.0% | 13.5% | 5.9% |
Analysis
GoodWhale has conducted an analysis of VALARIS LIMITED‘s financials and have found that it is a high risk investment in terms of both financial and business aspects. Specifically, GoodWhale has detected two risk warnings in VALARIS LIMITED’s income sheet and cashflow statement. In order to view more detailed information on these warnings, we encourage you to register on our website at goodwhale.com. Once registered, you can view the full analysis of VALARIS LIMITED and make a more informed decision when considering it as an investment option. More…
Peers
Valaris Ltd. is an offshore drilling contractor that provides drilling and related services to the oil and gas industry. The company operates a fleet of offshore drilling rigs and is headquartered in London, the United Kingdom. Select Energy Services Inc, Transocean Ltd, and Tetra Technologies Inc are all competitors of Valaris Ltd.
– Select Energy Services Inc ($NYSE:WTTR)
As of 2022, Select Energy Services Inc has a market cap of 988.86M and a Return on Equity of 2.29%. The company provides oilfield services and products to exploration and production companies in the United States and Canada. Select Energy Services Inc was founded in 2007 and is headquartered in Houston, Texas.
– Transocean Ltd ($NYSE:RIG)
Transocean Ltd is a Swiss-based international provider of offshore contract drilling services for oil and gas wells. The company has a market cap of 3.11B as of 2022 and a Return on Equity of -0.26%. Transocean’s primary business is offshore contract drilling, and it is one of the largest providers of offshore contract drilling services in the world. The company’s fleet consists of 63 rigs, including 27 ultra-deepwater rigs, 30 deepwater rigs and six high-specification jackups.
– Tetra Technologies Inc ($NYSE:TTI)
Tetra Technologies Inc is a North American oil and gas services company. They provide services to both onshore and offshore oil and gas projects. Their services include drilling, completion, and production services. They also have a presence in the oilfield chemicals market.
Summary
Valaris Limited has experienced a 11.48% increase in stock price over the last month despite a -3.97% decline in its 20-day moving average. Despite the media sentiment towards the stock generally being negative, the stock price was able to remain stable and then increase on the same day. Investors should monitor the 20-day moving average to help gauge the stock’s performance over the next several weeks. With continued analysis, investors should be able to determine whether or not Valaris Limited is a potential long-term investment opportunity.
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